Future Trend Analysis Report
Prepared for you on Friday, May 14, 2021.
FREIGHT ROUTE TC7 (BALTIC) Jun 2021 (NYMEX:QTC7.M21)
Bear Market Rally (-75) - QTC7.M21 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QTC7.M21 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid QTC7.M21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QTC7.M21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QTC7.M21
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for QTC7.M21
Based on our trend formula, QTC7.M21 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).